POWERWORKS MAINTENANCE SERVICES LTD

Registered number

08229220

Filleted Accounts

30 September 2025

POWERWORKS MAINTENANCE SERVICES LTD
Registered number:		08229220
Balance Sheet
as at 30 September 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	4		147,120			231,452

Current assets
Stocks		126,231			112,577
Debtors	5	85,819			259,007
Cash at bank and in hand		310,114			134,146
		522,164			505,730

Creditors: amounts falling due within one year	6	(342,896)			(345,484)

Net current assets			179,268			160,246

Total assets less current liabilities			326,388			391,698

Creditors: amounts falling due after more than one year	7		(98,777)			(182,171)

Provisions for liabilities			(10,206)			(13,439)


Net assets			217,405			196,088

Capital and reserves
Called up share capital			100			100
Profit and loss account			217,305			195,988

Shareholder's funds			217,405			196,088

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.


M D Latta
Director
Approved by the board on 31 October 2025

POWERWORKS MAINTENANCE SERVICES LTD
Notes to the Accounts
for the year ended 30 September 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Leasehold property			over the period of the lease
	Plant and machinery			25% reducing balance
	Fixtures, fittings, tools and equipment			25% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					10		11


3	Intangible fixed assets							£
	Goodwill:

	Cost
	At 1 October 2024							55,000
	At 30 September 2025							55,000

	Amortisation
	At 1 October 2024							55,000
	At 30 September 2025							55,000

	Net book value
	At 30 September 2025							-

	Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 October 2024	-		39,443		367,013		406,456
	Additions	8,723		2,580		-		11,303
	Disposals	-		-		(113,400)		(113,400)
	At 30 September 2025	8,723		42,023		253,613		304,359

	Depreciation
	At 1 October 2024	-		23,578		151,426		175,004
	Charge for the year	1,246		4,612		41,936		47,794
	On disposals	-		-		(65,559)		(65,559)
	At 30 September 2025	1,246		28,190		127,803		157,239

	Net book value
	At 30 September 2025	7,477		13,833		125,810		147,120
	At 30 September 2024	-		15,865		215,587		231,452


5	Debtors					2025		2024
£							£

	Trade debtors					79,661		252,853
	Other debtors					6,158		6,154
						85,819		259,007


6	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					-		20,833
	Obligations under finance lease and hire purchase contracts					37,015		56,190
	Trade creditors					78,345		75,551
	Deferred income					115,684		115,684
	Taxation and social security costs					98,534		66,126
	Other creditors					13,318		11,100
						342,896		345,484


7	Creditors: amounts falling due after one year					2025		2024
£							£

	Obligations under finance lease and hire purchase contracts					98,777		182,171


8	Controlling party

	The company is controlled by M D Latta by virtue of his shareholding in the company.


9	Other information

	POWERWORKS MAINTENANCE SERVICES LTD is a private company limited by shares and incorporated in England. Its registered office is:
	1st Floor
	119 High Street
	Selsey
	West Sussex
	PO20 0QB